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  <FDSYS>
    <CFRTITLE>47</CFRTITLE>
    <CFRTITLETEXT>Telecommunication</CFRTITLETEXT>
    <VOL>2</VOL>
    <DATE>2006-10-01</DATE>
    <ORIGINALDATE>2006-10-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>Designated entities.</TITLE>
    <GRANULENUM>27.502</GRANULENUM>
    <HEADING>Section 27.502</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 47" SEQ="4">Telecommunication</PARENT>
      <PARENT HEADING="CHAPTER I" SEQ="3">FEDERAL COMMUNICATIONS COMMISSION (CONTINUED)</PARENT>
      <PARENT HEADING="SUBCHAPTER B" SEQ="2">COMMON CARRIER SERVICES</PARENT>
      <PARENT HEADING="PART 27" SEQ="1">MISCELLANEOUS WIRELESS COMMUNICATIONS SERVICES</PARENT>
      <PARENT HEADING="Subpart F" SEQ="0">Competitive Bidding Procedures for the 746-764 MHz and 776-794 MHz Bands</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 27.502</SECTNO>
    <SUBJECT>Designated entities.</SUBJECT>
    <P>Eligibility for small business provisions.</P>
    <P>(a) A <E T="03">small business</E> is an entity that, together with its controlling interests and affiliates, has average gross revenues not exceeding $40 million for the preceding three years.</P>
    <P>(b) A <E T="03">very small business</E> is an entity that, together with its controlling interests and affiliates, has average gross revenues not exceeding $15 million for the preceding three years.</P>
    <CITA>[67 FR 45374, July 9, 2002, as amended at 68 FR 43000, July 21, 2003]</CITA>
  </SECTION>
</CFRGRANULE>

